US economic indicators, like rising unemployment and mortgage delinquencies, point towards a global economic slowdown, potentially leading to interest rate cuts. The upcoming US elections in Q4 2024 could further fuel market volatility. Comparatively, India’s economy is robust, and with elections and the Budget behind us, it’s well-positioned for continued outperformance, particularly given the ample domestic liquidity. However, despite its strong fundamentals, the Indian market may still be influenced by global trends, especially given its current high valuations.
Elcid Investments shares surge 66,92,535%. 6 things to know
Elcid Investments’ dramatic surge was primarily driven by SEBI’s mandated special call auction for investment holding companies
October 31, 2024